land for apartment scheme newton abbot...2020/02/25 · a2)/restaurants and cafes (class...
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LAND FOR APARTMENT SCHEME Newton Abbot
LAND WITH CONSENT FOR 38 APARTMENTS AND 2 RETAIL UNITS
22, 24 & 26 Wolborough Street Newton Abbot Devon TQ12 1JW 0.3 acres (0.12 ha) Prominent corner plot
22, 24 & 26 Wolborough Street, Newton Abbot, Devon, TQ12 1JW
Location
The property is very well located at the western end of the pedestrianised shopping avenue of Wolborough Street / Courtenay Street. This is home to a number of national retailers and food outlets. Immediately opposite the site is an Asda Superstore. Newton Abbot is a market town and civil parish on the River Teign in the Teignbridge District of Devon, with a population of 25,556. National Rail links are provided from Newton Abbot railway station 1 mile to the west. Description
The property comprises a broadly level and ‘L’ shaped parcel of previously developed land. The area is currently hard surfaced in part and boundaries heras fenced. The land is partially overgrown with vegetation. External areas surrounding the land have been landscaped and provide public open space. Proposed Scheme
The latest consent scheme provides for a contemporary four storey bock of 38 residential apartments (C3) and courtyard garden with ground floor retail areas. The building is to be steel framed with stone cladding. The
scheme proposes 20 x one bed and 18 x two bed apartments. Planning Approvals
17/02715/MAJ—Erection of part four, part five storey building, providing 38 apartments (Class C3) and associated facilities with retail accommodation at ground floor level (units with flexible uses in classes A1-A5). Approved 8 February 2020.
Previous Consents
14/01015/MAJ—27 flats above retail area (Classes A1 to A5). Approved 10 October 2014.
09/02357/MAJ—Construction of three storey building with mixed use. Ground floor retail (Class A1)/financial and professional services (Class A2)/restaurants and cafes (Class A3)/drinking establishments (Class A4)/hot food takeaways (Class A5) and first and second floors 61 bed hotel (Class C1). Approved 29 October 2009.
Schedule of Accommodation (Approx GIA)
Tenure
The freehold interest is being offered for sale with vacant possession. CIL The CIL liability for the proposed scheme is some £283,123.91. Services
Developers will need to obtain new service connections which are understood to be in the main road. Purchasers are to make their own investigations as to the connection costs and capacities. Please see the information pack for further details. Legal Costs
Each party is to be responsible for their own legal costs incurred in the transaction. Guide Price
Offers are invited in the region of £950,000. VAT
Under the Finance Acts 1989 and 1997, VAT will not be levied on the Sale price. We recommend that the prospective purchasers establish the implications before entering into any agreement.
Floor Use No. of
Units Area Sq Ft
GF Retail A1-5 1 3,543
GF Retail A1-3 1 696
FF Residential 11 6,662
SF Residential 6,662 11
TF Residential 6,662 11
FF Residential 3,722 5
22, 24 & 26 Wolborough Street, Newton Abbot, Devon, TQ12 1JW
22, 24 & 26 Wolborough Street, Newton Abbot, Devon, TQ12 1JW
Asbestos Regulations
It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. Subject to Contract
Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office. Important Notice
These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract. Money Laundering Regulations
As part of our obligations under the UK Money Laundering Regulations 2017, Alder King LLP will require any purchaser to provide proof of identity along with any other required documents.
Viewing & Further Information
An online data pack has been prepared containing all relevant planning and technical information.
For further information or to arrange an inspection, please contact the agents.
Alder King Property Consultants
Endeavour House
Pynes Hill
Exeter
EX2 5WH
www.alderking.com
Scott Rossiter
01392 353089
Bruton Knowles
Plumer House
Taillyour Road
Crownhill
Plymouth
PL6 5DH
Mark Slade
01752 234016
Ref: CSR/JAS
Date: February 2020